Hobart, IN Real Estate
According to census data in the year 2000 there were 10,277 housing units in Hobart.
This represents a 23.8% growth from 8,302 in 1990.
Of those housing units, 9,235 were located in either urbanized areas or urban clusters, and 1,042 were located in what is classified as a rural area.
Homeownership rate in Hobart is about 80.3%.
Hobart's vacancy rate, including seasonal lodging, is about 4.3%.
Average household size is 2.56 people.
The majority of houses, apartments or condos in Hobart were built after 1960.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.90% |
| One Bedroom | 7.40% |
| Two Bedrooms | 26.60% |
| Three Bedrooms | 52.60% |
| Four Bedrooms | 10.60% |
| Five Bedrooms or more | 1.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.59 |
| Median year structure was built | 1958 |
| Median Value of occupied units | $97,700 |
| Median Price asked for vacant units | $112,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.44 |
| Median year structure was built | 1966 |
| Median Monthly Rent asked for vacant units | $569 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 8% |
| Home Equity Loan | 8.60% |
| Simple Mortgage | 51.60% |
| Debt Free | 31.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17% |
